Tuesday, January 24, 2012

GCN pt 13

Consider Carefully  what I said in the last post ==>
 Consider the importance and function of a "mid pattern rally
Question is the move on Friday ( The action between the most recent Purple Boxes )
Such a pattern ? ( Time to Review De Villiers and Taylor ! )
Long lines at .044 and .045
("It’s where new moves start. New moves come

out of the middle."  Charles Cochrane  ---> Often after a TEST )


Charts
Where are we ! ( never forget where you are ! )

Again 5 Reversal  chart ( course of sale ) to highlight the behaviour of those three significant lows
( The green line above )
(The inverted  APEX !)

and ?
1x.001 Course of sale up to todays Close


mid pattern rally ?

New moves come out of the middle ?
 ( or maybe better confirmed out of the middle )
Often after a TEST.

GCN 13-2 to follow with more explanation 
charts and points to ponder till then.

ALSO FMT's comment in 12-2

Motorway


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